The post Solana Capitulates; Here’s Why 14% Price Rally Could Be Next appeared on BitcoinEthereumNews.com. Solana is showing early signs of a potential recovery after forming a classic “W” pattern on its 12-hour chart.  This bullish structure has emerged following November’s sharp decline, and a confirmed breakout could propel SOL into a decisive upward move. Solana Holders Provide Support HODLer Net Position Change indicates that long-term holders are beginning to ease off their selling. Outflows are receding, signaling reduced distribution and a shift toward neutrality. This is encouraging for Solana because LTHs play a major role in stabilizing price trends. Their restraint provides room for recovery momentum to build. Sponsored Sponsored The improving sentiment among LTHs suggests confidence could soon return. As selling pressure from these influential holders diminishes, the probability of inflows rises. Historically, such transitions from heavy outflows to balanced movement have preceded stronger mid-term price rebounds for SOL. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Solana HODLer Net Position Change. Source: Glassnode Solana’s NUPL metric recently slipped into the capitulation zone as market conditions deteriorated. This zone represents the lowest psychological point for investors, where fear peaks and selling exhaustion is common. Capitulation often marks the early stage of trend reversals, providing fertile ground for accumulation. SOL has experienced this phase before. In April, NUPL also entered capitulation before a major rally took the token to new highs. With the indicator once again signaling selling exhaustion, Solana may be positioned for a similar resurgence, provided market sentiment continues to stabilize. Solana NUPL. Source: Glassnode SOL Price Breakout Ahead Solana is currently forming a double-bottom “W” pattern, a bullish structure implying a potential 14% breakout toward $165. A confirmed breakout from this formation would validate the reversal and place SOL back on an upward trajectory. Trading at $143 at the time of writing, SOL is edging… The post Solana Capitulates; Here’s Why 14% Price Rally Could Be Next appeared on BitcoinEthereumNews.com. Solana is showing early signs of a potential recovery after forming a classic “W” pattern on its 12-hour chart.  This bullish structure has emerged following November’s sharp decline, and a confirmed breakout could propel SOL into a decisive upward move. Solana Holders Provide Support HODLer Net Position Change indicates that long-term holders are beginning to ease off their selling. Outflows are receding, signaling reduced distribution and a shift toward neutrality. This is encouraging for Solana because LTHs play a major role in stabilizing price trends. Their restraint provides room for recovery momentum to build. Sponsored Sponsored The improving sentiment among LTHs suggests confidence could soon return. As selling pressure from these influential holders diminishes, the probability of inflows rises. Historically, such transitions from heavy outflows to balanced movement have preceded stronger mid-term price rebounds for SOL. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Solana HODLer Net Position Change. Source: Glassnode Solana’s NUPL metric recently slipped into the capitulation zone as market conditions deteriorated. This zone represents the lowest psychological point for investors, where fear peaks and selling exhaustion is common. Capitulation often marks the early stage of trend reversals, providing fertile ground for accumulation. SOL has experienced this phase before. In April, NUPL also entered capitulation before a major rally took the token to new highs. With the indicator once again signaling selling exhaustion, Solana may be positioned for a similar resurgence, provided market sentiment continues to stabilize. Solana NUPL. Source: Glassnode SOL Price Breakout Ahead Solana is currently forming a double-bottom “W” pattern, a bullish structure implying a potential 14% breakout toward $165. A confirmed breakout from this formation would validate the reversal and place SOL back on an upward trajectory. Trading at $143 at the time of writing, SOL is edging…

Solana Capitulates; Here’s Why 14% Price Rally Could Be Next

2025/12/05 02:23

Solana is showing early signs of a potential recovery after forming a classic “W” pattern on its 12-hour chart. 

This bullish structure has emerged following November’s sharp decline, and a confirmed breakout could propel SOL into a decisive upward move.

Solana Holders Provide Support

HODLer Net Position Change indicates that long-term holders are beginning to ease off their selling. Outflows are receding, signaling reduced distribution and a shift toward neutrality. This is encouraging for Solana because LTHs play a major role in stabilizing price trends. Their restraint provides room for recovery momentum to build.

Sponsored

Sponsored

The improving sentiment among LTHs suggests confidence could soon return. As selling pressure from these influential holders diminishes, the probability of inflows rises. Historically, such transitions from heavy outflows to balanced movement have preceded stronger mid-term price rebounds for SOL.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Solana HODLer Net Position Change. Source: Glassnode

Solana’s NUPL metric recently slipped into the capitulation zone as market conditions deteriorated. This zone represents the lowest psychological point for investors, where fear peaks and selling exhaustion is common. Capitulation often marks the early stage of trend reversals, providing fertile ground for accumulation.

SOL has experienced this phase before. In April, NUPL also entered capitulation before a major rally took the token to new highs. With the indicator once again signaling selling exhaustion, Solana may be positioned for a similar resurgence, provided market sentiment continues to stabilize.

Solana NUPL. Source: Glassnode

SOL Price Breakout Ahead

Solana is currently forming a double-bottom “W” pattern, a bullish structure implying a potential 14% breakout toward $165. A confirmed breakout from this formation would validate the reversal and place SOL back on an upward trajectory.

Trading at $143 at the time of writing, SOL is edging toward the $146 neckline. Clearing this resistance, powered by improving sentiment and positive on-chain trends, could push the token toward $157. Surpassing that barrier would open the path to $163 and ultimately the $165 target.

Solana Price Analysis. Source: TradingView

However, a failed breakout or renewed market weakness could break the pattern. If that occurs, Solana may drop back to its $136 support level. A loss of this support would invalidate the bullish outlook and delay recovery efforts.

Source: https://beincrypto.com/solana-price-aims-at-breakout/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33